Description: Apple is set to open its first physical stores in India next week, highlighting the country’s importance to the U.S. tech firm’s future in iPhone sales and manufacturing. The Cupertino giant will open a store in Mumbai on Apr. 18 and in the Indian capital Delhi on Apr. 20. Source: CNBC.com Date: Apr 11, 2023… Read more »
Posts Categorized: Industry Analysis
Bets against U.S. stocks swell to highest levels since 2011. History shows that’s actually good news for markets.
Description: However, history shows crowded position are a reliable counter-indicator. Source: MarketWatch.com Date: Apr 11, 2023 Link: https://www.marketwatch.com/story/bets-against-u-s-stocks-swell-to-highest-level-since-2011-history-shows-thats-actually-good-news-for-markets-9f6237e6?mod=home-page Questions for discussion: Summarize what the report says about market indicators. Do you agree with the interpretation? Why do you suppose investors have taken these positions?
Tilray CEO says Hexo purchase will help grow Canadian cannabis industry
Description: The chief executive officer of Tilray Brands Inc. said the acquisition of competitor Hexo Corp. will help position his company to lead Canada’s cannabis industry. Source: BNNBloomberg.ca – video report Date: Apr 11, 2023 Link: https://www.bnnbloomberg.ca/tilray-ceo-says-hexo-purchase-will-help-grow-canadian-cannabis-industry-1.1906454 Questions for discussion: Summarize the analysis presented in the report? Should investors be excited by the merger? Would… Read more »
AI Roundup: Guessing passwords, conjuring images out of peoples’ minds, and… writing fortune cookies?
Description: No mere human can keep up with the torrent of intriguing/terrifying daily AI news, but we’ll try anyway — at least until we’re rendered obsolete by the machines.. AI can probably crack your password — and faster than you think Source: TheHustle.co Date: Apr 05, 2023 Link: https://thehustle.co/ai-roundup-guessing-passwords-conjuring-images-out-of-peoples-minds-and-writing-fortune-cookies/ Questions for discussion: What are the… Read more »
Walmart chases higher profits powered by warehouse robots and automated claws
Description: BROOKSVILLE, Fla. — At first glance, this warehouse looks like many: Forklifts unload pallets from the back of dozens of tractor-trailers. Canned soup, soda and cleaning supplies whiz by on conveyer belts. Store-bound merchandise gets sorted by department and store aisle before getting stacked high like an elaborate game of Tetris. The difference? Tasks… Read more »
Airlines’ answer for congested airports and rising costs: Bigger planes
Description: NEWARK, New Jersey — Faced with congested airports, rising costs, a pilot shortage and a resurgence in travel demand, airlines are increasingly turning to the same remedy: bigger planes that fit more passengers. Source: CNBC.com – video report Date: Apr 06, 2023 Link: https://www.cnbc.com/2023/04/06/why-airlines-are-flying-bigger-planes.html Questions for discussion: Summarize what is happening in aviation travel and what the… Read more »
Fallout from the Banking Crisis: What’s Ahead?
Description: During a recent LinkedIn Live event, a panel of Wharton experts noted that the fallout from Silicon Valley Bank’s failure will likely be contained within the commercial real estate sector. Much, however, depends on the Fed’s rate moves, they said. Source: knowledge.wharton.upenn.edu Date: Apr 04, 2023 Link: https://knowledge.wharton.upenn.edu/article/fallout-from-the-banking-crisis-whats-ahead/?utm_campaign=KatW2023&utm_medium=email&utm_source=kw_campaign_monitor&utm_term=4-5-23&utm_content=Fallout_from_the_Banking_Crisis:_What’s_Ahead Questions for discussion: Summarize the main… Read more »
Johnson & Johnson shares rise after company proposes baby powder cancer settlement
Description: Johnson & Johnson shares on Wednesday climbed after the company proposed paying $8.9 billion to settle thousands of claims that its baby powder and other talc products caused cancer. Source: CNBC.com Date: Apr 05, 2023 Link: https://www.cnbc.com/2023/04/05/johnson-and-johnson-shares-rise-talc-settlement.html Questions for discussion: Explain the rise in the company stock value after this announcement. Do you perceive any further risk… Read more »
Toronto-Dominion becomes biggest bank short with US$3.7 billion on the line
Description: Turns out, the biggest short in the banking industry anywhere in the world isn’t in Switzerland or Silicon Valley, but rather, in the relatively tame financial centre of Canada. In recent weeks, short sellers have upped their bearish bets against Toronto-Dominion Bank, and now have roughly US$3.7 billion on the line vis-à-vis Canada’s second-largest… Read more »
Doctors are drowning in paperwork. Some companies claim AI can help
Description: When Dereck Paul was training as a doctor at the University of California San Francisco, he couldn’t believe how outdated the hospital’s records-keeping was. The computer systems looked like they’d time-traveled from the 1990s, and many of the medical records were still kept on paper. Source: NPR.org Date: Apr 05, 2023 Link: https://www.npr.org/sections/health-shots/2023/04/05/1167993888/chatgpt-medicine-artificial-intelligence-healthcare Questions… Read more »
